1303-1305 Sycamore Street, Anderson, IN 46016
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1303-1305 Sycamore Street, Anderson, IN 46016
1303-1305 Sycamore Street, Anderson, IN 46016
1303-1305 Sycamore Street, Anderson, IN 46016
1303-1305 Sycamore Street, Anderson, IN 46016
Listed by Ryan Orr • RE/MAX Real Estate Groups • Cell: 765-744-9500
Bought with Realtor NonMember MEIAR • NonMember MEIAR

$115,000

Est. payment /mo

$127,900

10.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1303-1305 Sycamore Street Anderson, IN 46016

3 Beds

2 Baths

2,870 SqFt

SOLD DATE : 05/19/2026

Key Details

Sold Price $115,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,870 sqft

Subdivision Englewood

MLS Listing ID 202613963

Sold Date 05/19/26

Style One and Half Story

Bedrooms 3

Full Baths 2

Abv Grd Liv Area 2,870

Total Fin. Sqft 2870

Year Built 1944

Annual Tax Amount $750

Tax Year 2025

Lot Size 4,791 Sqft

Property Sub-Type Duplex

Property Description

This package features six consistently high-demand rental duplex properties (12 units) situated in the Anderson, IN market. The portfolio offers a secure, well-managed investment with immediate upside potential. Stable Income Stream: The properties demonstrate strong, reliable cash flow, supported by excellent historical rent collection and exceptional occupancy rates (minimal historical vacancy). Turnkey Efficiency: Current owners have meticulously maintained the units, significantly minimizing the need for immediate Capital Expenditure (CapEx). Value-Add Opportunity: Current rents are below prevailing market rates for comparable local properties, providing a clear path for substantial income growth through gradual rent increases to achieve market value. Tenant Stability: Due to diligent maintenance, the properties have high long-term tenant satisfaction, contributing to low turnover. Seller will sell individually or as a group-addresses: 403-405 W 5th St, 1105-1107 W 11th St, 1109-1111 W 11th St, 1303-1305 Sycamore, 615-615 1/2 Madison and 1815 - 1815 1/2 Fletcher.

Location

State IN

County Madison County

Area Madison County

Direction GPS Friendly

Rooms

Family Room 820

Dining Room 0 x 520

Interior

Flooring Other

Appliance Building, Lease

Laundry , 4

Exterior

Garage Spaces 1.0

Amenities Available Basement

Total Parking Spaces 4

Building

Lot Description Level

Story 2

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Anderson

Middle Schools Highland

High Schools Anderson

School District Anderson Community

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Todd Martin
Todd Martin

Broker

+1(833) 242-7007 | indianabroker@callitclosed.com

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